Wanneng Group Achieves Strong Start in 14th Five-Year Plan with Surging Investment and Profit Growth

From January to March this year, Anhui Energy Group (Wanneng Group) achieved a robust start to the 14th Five-Year Plan period, with cumulative investment reaching 6.046 billion yuan, a year-on-year increase of 109.4%. Its total profit in the first quarter rose by 26.2% year-on-year, with profitability steadily climbing, laying a solid foundation for high-quality development throughout the year.

Aligning closely with the 14th Five-Year Plan goals, Wanneng Group has adopted a proactive stance of "starting at full speed and fighting from the opening", balancing the two core tasks of energy supply guarantee and operational quality improvement. In the traditional energy sector, the group has continuously consolidated the role of thermal power as a "ballast stone", striving to enhance the profitability of the thermal power sector through refined management, optimized unit dispatching and strict control of fuel costs.

Meanwhile, it has fully promoted the optimized management of the natural gas production, supply, storage and marketing system to ensure stable gas supply across Anhui Province, with the benefits of urban gas business continuing to improve. Securities Times reports that Wanneng Group has been accelerating its green transformation, with its core listed platform Wanneng Power advancing the professional operation of new energy assets.

In terms of green transition, Wanneng Group has witnessed rapid growth in new energy power generation scale, with wind power and photovoltaic power generation maintaining a fast growth momentum. It has carried out in-depth "new energy project landing campaign", strengthened resource integration and increased effective investment, completing the professional integration of new energy assets involving 25 billion yuan.

This integration has injected strong new momentum into the group’s quality and efficiency improvement and core competitiveness enhancement. Securities Daily notes that Wanneng Power, a core subsidiary of Wanneng Group, achieved positive year-on-year and month-on-month growth in power generation in January 2026, reflecting the stable operation of the group’s energy business.

Faced with adverse challenges such as declining comprehensive electricity prices and a complex and severe external operating environment, Wanneng Group has taken initiative to adapt to changes and implement targeted measures. It has fully launched the "Management Improvement Year" activity, activating operational vitality through a series of measures including deepening internal management reform, targeting loss-making enterprises for governance, optimizing capital operation layout and strictly preventing operational risks.

As a key force in ensuring energy security in Anhui Province, Wanneng Group has continuously explored the potential of traditional energy while accelerating the layout of new energy and green low-carbon industries. The group’s efforts in the first quarter not only achieved a sound start to the 14th Five-Year Plan but also demonstrated its strong sense of responsibility in supporting local economic and social development.

By consolidating traditional energy advantages and vigorously developing new energy, Wanneng Group has effectively promoted the optimization of Anhui’s energy structure, providing a reliable energy guarantee for the high-quality development of the province and setting a model for state-owned energy enterprises to fulfill their responsibilities.